Investment Overview
The Shops at Tahlequah presents an exceptional value-add investment opportunity featuring a well-established regional shopping center that has recently undergone significant capital improvements, including a new roof and extensive property renovations. The center is anchored by a strong lineup of national and regional retailers, including Atwoods, Ollie's Bargain Outlet, Factory Connection, and Rent-A-Center, with Ollie's recently opening its new location and further strengthening the property's merchandising mix and customer traffic. The asset offers investors the opportunity to acquire a stabilized retail center with in-place rental rates that remain below market, providing meaningful upside through future lease renewals and active asset management. Offered at a price well below today's replacement cost, The Shops at Tahlequah combines recent capital investment, established tenancy, and long-term value appreciation potential in one of eastern Oklahoma's premier regional retail markets.
Investment Highlights
- Dominant regional shopping center in Tahlequah
- Offered below replacement cost
- Below-market in-place rental rates with upside potential
- New roof and major property renovations
- Anchored by Atwoods, Ollie's Bargain Outlet, Factory Connection, and Rent-A-Center
- Prime location along US Highway 62 near Walmart, Lowe's, and Reasor's
- Regional draw supported by the Cherokee Nation, Northeastern State University, and Northeastern Health System